Financial Statement Analysis(FSA), published annually by the Bank of Korea since 1960, describes the details of the business performances and financial conditions of Korean corporations.
The year 2006 edition presents Korean corporations' balance sheets and income statements, and key indicators on their financial stability, profitability, and growth for 2005, classified by industry and by business size. Moreover, samples have been revised this year from the National Tax Service file of 2004 in order to reflect the changes in business volumes and in industry structure over the last 3 years since the 2003 sampling revision
For user's convenience, the full text of this year edition is available on the BOK's web-site(www.bok.or.kr) and through ECOS(Economic Statistics System).
Every effort has been made to improve the accuracy of these statistics. We are aware that there is still room for further improvement, however, and any comments and suggestions from users will be warmly welcomed.
We hope that this book will be helpful to companies in framing their business strategies, to the government sector in drawing up economic policies, and to financial institutions in assessing credit risk. Finally, we wish to express our sincere appreciation to all the corporations surveyed and to those institutions whose efforts have helped make this work possible.
Kwang June Lee
Economic Statistics Dept.
The Bank of Korea